#美联储政策预期 After reading this latest economic forecast report, I noticed several key points. First, economists have raised their 2026 US economic growth forecast to 2%, which is a positive signal. However, employment growth is expected to remain sluggish, which could affect consumption and overall economic vitality. As for inflation, it is forecasted to close at 2.9% this year and only drop to 2.6% by 2026, indicating that inflationary pressures still persist.

Regarding Federal Reserve policy, a 25 basis point rate cut is expected in December, with another 50 basis points in 2026. This suggests that the market expects the Fed to take a relatively cautious approach to rate cuts.

From an on-chain data perspective, this economic outlook could influence capital flows in the crypto market. I will closely monitor the movements of large addresses, especially the inflow and outflow of stablecoins, to gauge the market's reaction to Fed policy. At the same time, I will also pay attention to changes in lending rates within DeFi protocols, as this may reflect broader market expectations.